$5M Deals – Scottsdale apartments $74k per unit

Below is the deal that closed Tuesday, August 5, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $14.3M
Buyer: Dwell Scottsdale, LLC
Seller: FAOF Summertree, LLC
Property Type: Apartments, Dwell Apartment Homes
Property Size: 6 acres, 193 units
Location: N 70^th St & E Palm Ln in Scottsdale (1923 N 70^th St)
APN: 129-33-018B, 129-33-019B
Financing: $2.8M down on new loan

To view the affidavit, click here.

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August 5, 2015

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